Fine Dining, With The Real Estate - SOLD! | BottomLine Business Brokers

Fine Dining, With The Real Estate

San Bernardino County, CA

Listing #: $1739
Price: $
Description: This nationally renowned restaurant has provided its' signature fine dining experience to executives and professionals since 1988. Conveniently located just off the freeway, this restaurant is blocks away from a major business travel destination in the Western San Bernardino/LA border area. The immediate area is surrounded by major hotels.

For over 20 years, this restaurant never advertised! They relied solely on great food and outstanding service to grow the business and build both a local and national reputation; when the economy turned south, while the restaurant felt it, it survived due to this first class rep. With the economy on the mend and companies beginning to travel again, the timing is perfect for a new operator to grow the business, starting with a solid base of $1.3M in annual revenue. The business mix is 25% lunch, 70% dinner and 5% banquet and catering. This restaurant is well positioned for new highs either "as is", or you could rebrand the space and capture the growing executive, traveler and conventioneer demographic.

This is an absentee run, 6-day a week operation with short hours on Saturday (5pm-9pm) and great online reviews. 24 seasoned, professional, long term, employees help keep this place moving, including management and a head chef (25 yrs) and an assistant chef (22 yrs).

The sale includes both the real estate and the business. The location features: free standing building (built in 1988) on almost 3/4 an acre, great parking, professional landscaping, a comfortable bar/lounge area, 2 large banquet rooms, a large kitchen that can handle more than double the current volume and much more to see!

When last appraised (9 years ago), the property alone was appraised at $2.45M!! Prime restaurant space in this area is scarce. Attention national chains; this may be your next location!

Don’t miss this opportunity to not only own the business, but also the building!
Agent: Tony Magana
Mobile: (714) 345-8669
Email: tmagana@blbrokers.com

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Asset Sale
Income

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Space

Sq. Ft.
Rent

Monthly
CAM

Monthly
CAM
Lease Expires
Lease Expires

Month-to-Month
Options

Reason for Sale

Listing #

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Description
Purchase Terms Purchase Terms
Lease & Property Lease & Property
About the Business About the Business
Highlights & Amenities Highlights & Amenities
Equipment & Fixtures Equipment & Fixtures

Price

Inventory

None

(Inventory is included in the base price)

Total Asking Price

Inventory Details

Transfer Fees

Owner Financing

Owner Training

No Yes

Additional Terms

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No Lease

Business is home-based

No Lease

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Rent

Monthly

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Monthly

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Security Deposit

None

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Sq. Ft.

Lot Size

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Indoor Seating

Patio Seating

Parking

Lease Expires

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Annual Increases: Lease

Annual Increases: Options

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Rent

Monthly

TBD

CAM

Monthly

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Security Deposit

TBD

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TBD

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N/A

Indoor Seating

TBD

Patio Seating

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Parking

TBD

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TBD

Options

TBD

Annual Increases: Lease

TBD

Annual Increases: Options

Additional Lease Terms

TBD

Some terms above may be blank (TBD), as they may not yet be negotiated. Leases vary widely by location, landlord, and Buyer strength; these are frequently negotiated during transactions. Please speak with the Agent for further details.

No Lease

No lease information found.

Total Sales

Asset Sale

Income

Contact Agent

Income

Asset Sale

Revenue Details

Employees

F/T · P/T · Ind. Contractors

Payroll

(Includes independent contractors)

Payroll

None

Payroll Details

Current Licensing

None

Leases & Contracts

Reason for Sale

Franchise Details

Business is not a franchise

Franchise Details

Business Type

Current Ownership

Business Established

Business Hours

Business is currently Closed

Business Hours

Open: 7 Days a Week None

Closed: None

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Owner’s Hours and Roles

Business is currently Closed

Owner’s Hours and Roles

Equipment Value (Estimate)

None

Equipment Value (Estimate)

Excluded Equipment (Personal Effects)

Equipment Owned by Outside Vendors

Additional Details

Automotive Improvements

Restaurant Improvements

Estimated Value of ABC License

Estimated Value to Build Similar Location

Business is home-based

Bottomline Business Brokers is sharing information about this Business for Sale under the terms of your current, signed Non-Disclosure Agreement. If you visit this business, please do so discreetly. Do not contact owner, employees, landlord, suppliers, or other tenants! Thank you.

We advise all clients to seek independent legal, tax, accounting, and other professional advice prior to making a purchase decision. The information contained herein has been obtained from the Seller. Bottomline Business Brokers (BRE # 01926680) makes no warranty or representation, express or implied, as to the accuracy of this information, and is submitted subject to errors, omissions, change of terms, withdrawal without notice, and any specific listing conditions imposed by our principals.

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